Goodbye Old Friend. R.I.P. Rajeev Motwani — Updated: Rajeev Motwani, one of the savviest angel investors in Silicon Valley, a Stanford professor and most importantly a close and personal friend passed away earlier today. — It is hard for me to write this post — this morning the news …

Remembering Rajeev — It has been a long time since I have updated this blog. In fact, I have been doing some research for what I thought would be my next post. — Unfortunately, life does not always give you the luxury to plan what may be close to your heart next.

Palm Pre Apps and Palm's App Catalog: A Closer Look — The WebOS's App Catalog is a bit sparse at the moment, but it has a lot of potential. — Recommends — The Palm Pre might have a slick OS and stylish hardware, but when it comes to apps, it has a long road ahead of it.

Hacker named to Homeland Security Advisory Council — Jeff Moss, founder of the Black Hat and Defcon hacker and security conferences, was among 16 people sworn in on Friday to the Homeland Security Advisory Council. — The HSAC members will provide recommendations and advice directly …

MySpace Ditches New Playa Vista Offices — A year ago MySpace and Fox Interactive Media were trumpeting an upcoming office move to Playa Vista in Los Angeles. Peter Levinsohn (former) President of the no longer existing Fox Interactive Media, justified the move to the 300,000 square foot space based on the …

India's Tech Industry Must Reinvent Itself — Editor's Note: Raman Roy, chairman and managing director of Gurgaon-based Quatrro, is widely regarded as the pioneer of the Indian outsourcing industry. With more than 16 years in the business, he shares his thoughts on the future and what India needs …

Did Bing Leapfrog Yahoo? Not Exactly — We saw the same headline, based on data issued by StatCounter from Thursday. These data reportedly show that yesterday the share of searches went like this: — Google: 71.47 percent — Bing: 16.28 percent — Yahoo: 10.22 percent

Candy.com Sells For A Sweet $3 Million — Just yesterday, we reported how .com domain registrations were starting to turn around again after a lackluster 2008. Today brings further proof as the domain candy.com has just sold for $3 million to G&J Holdings.

Sears Settles FTC Spyware Charges — The Sears Holdings Corporation has agreed to settle charges made by the Federal Trade Commission (FTC) alleging the corporation was not upfront about its use of spyware. — According to the FTC's administrative complaint, while Sears told consumers …

Ranks Of Active VCs Dwindling By Any Measure — How big is the U.S. venture industry? — The National Venture Capital Association says that in 2008 there were 882 firms that had raised at least one fund in the last eight years, a substantial drop from 2007 when there were 1,019 fitting that definition.

Yes, We Know: Online Ads Are Down — Noting this just because it feels like the right thing to do: Online ads declined 5% in the first quarter of the year, says an industry trade group. — Of course, anyone who's remotely interested in online ads knows that the first 3 months of the year were miserable …